Circular No.ES/264/2017-18 December 16, 2017
To: Members of the Council
Your attention is invited to the Public Notice No 182/2016, dated 23.12.2016, P. No.23/2017, dated 01.03.2017, P. No.41/2017 dated 24.03.2017, P. No. 111/2017, dated 29.08.2017 issued from time to time in relation to “No Use Bond” system and procedure for Direct Port Delivery (DPD).
As you may be aware, “No Use Bond” is an undertaking given by the Importer for not utilizing the goods, until they receive Non Objection Certificate (NOC) from the respective PGA or some other agency.
In order to further streamline the scope and procedure of execution and monitoring the “No Use Bond” executed by DPD importers, the procedure has been revised.
Please make a note of the following-
“No use bond” can be furnished either as continuity bond or separate bond for each consignment. In both situations bond would be furnished to concerned Group for acceptance. The further procedure would be as under –
(i) Non-Facilitated Bill Of Entry: In case, the Bill of Entry, for which the Bond is furnished, is routed through Group, suitable comments shall be entered by Group in the ‘Departmental Comments’ Menu regarding the particulars and purpose of ‘No Use Bond’.
(ii) Facilitated Bill Of Entry: In case, the Bill of Entry, for which the Bond is given, is facilitated through RMS for ‘No assessment and No Examination’, OOC Officer at the time of granting out of charge should enter the suitable comments in the ‘Departmental Comments’ Menu regarding the particulars and purpose of ‘No Use Bond’.
For more information, members may kindly refer to the given Public Notice No. 156/2017.
Thanking You,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR
